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T-Mobile and Sprint finally agreed to a massive telecom merger after years of negotiations punctuated by two breakups.The  billion merger, announced Sunday, values Sprint near its current share price of .50.The tie-up would position the telecom companies as fiercer competitors to Verizon and AT&T, which have long dominated the US market."I'm excited to announce that @TMobile & @Sprint have reached an agreement to come together to form a new company -- a larger, stronger competitor that will be a force for positive change for all US consumers and businesses! Watch this & click through for details." said T-Mobile CEO John Legere, in a tweet Sunday.A report that the deal was getting close drove up Sprint's stock price by 8% on Friday and T-Mobile's price edged up as well. The stock price for SoftBank, a Japanese conglomerate with a majority stake in Sprint, rose by 3%.Sprint and T-Mobile first discussed a merger in 2014 but scrapped it because of concerns about regulatory challenges from the Obama administration.The companies expected to have a better shot at the merger under the Trump administration.Sprint stock tanks as T-Mobile merger said to collapseSoftBank CEO Masayoshi Son met with Trump the month before he took office to talk up an investment in US businesses.A few weeks later, T-Mobile's Legere said he was open to "various forms of consolidation" when asked about a potential merger with Sprint and SoftBank under the Trump administration.But last November, after much speculation, the two companies issued a statement saying they "have ceased talks.""While we couldn't reach an agreement to combine our companies, we certainly recognize the benefits of scale through a potential combination. However, we have agreed that it is best to move forward on our own," Marcelo Claure, the Sprint CEO, said at the time.Sprint and T-Mobile's announcement is just the latest step in an ongoing movement towards telecom consolidation. AT&T is in talks to acquire Time Warner, which owns CNN and CNNMoney. The outcome of that billion merger-in-the-making depends on a case in federal court, which is pending the decision of the judge. 2203

Thousands of infant and child strollers are being recalled because of concerns children could become trapped and strangle themselves in the straps.The U.S. Consumer Product Safety Commission issued a recall of three models of Costway strollers, roughly 16,000 strollers are impacted. (see details below)The strollers “violate the Federal Standard for Carriages and Strollers” according to the CPSC, allowing a child’s body to pass through an opening between the tray and seat, leading to possible entrapment or strangulation.No injuries or incidents have been reported at this time.The impacted strollers were sold on the company’s website and Amazon between May 2016 and December 2019.Strollers should be returned for a refund according to the CPSC. People with these strollers can call Costway toll-free at 844-242-1885 from 9 a.m. to 5 p.m. PT Monday through Friday or by email at recall@costway.com for more information. The firm is contacting all known purchasers directly.Recalled models:Infant Double Stroller, model #BB4476 in red, gray, blackInfant Double Stroller, model #BB4613 in blackFace to Face Double Stroller, model #BB4690 in gray 1156

Top health officials are considering “pooled testing” as a way to ramp up COVID-19 tests.Here's how it works:Instead of testing each sample individually, labs pool together a certain amount, like 10, in one tube with one test.If it's negative, you double check it, and then you're done.If there's a positive, you break it down either into smaller pools or individually for further testing.“So, there are advantages, mostly cost savings, that's the huge advantage of pooling, also the ability to go through a very large volume of specimens,” said Dr. Thomas Quinn, an infectious disease researcher at National Institute of Allergy and Infectious DiseasesQuinn worked in one of many labs that used the pooling technique during the HIV epidemic in the 1980s. He says the difference between then and now is the tests themselves.Pooling dilutes the samples. The HIV tests were very accurate, so that wasn't an issue, but with COVID-19, the tests aren't as reliable.The other problem is pooling takes more time in the lab, even with robotic equipment helping.“We need to get everyone tested and everyone wants to know what's the result of my test within 24 hours. That's very hard to do with pooling,” said Quinn.Quinn isn't recommending pooling for individual testing right now. He says it could be more useful in big surveys, when it's not an emergency. 1357

There were 10 people shot and killed in Friday's shooting at Santa Fe High School in Texas. At least 10 others were wounded.So far, two victims have been publicly identified: a substitute teacher and an exchange student from Pakistan.Houston Texans defensive end JJ Watt has offered to pay for the funerals of the victims, according to a Houston Texans spokeswoman.Here's what we know about those who died:Cynthia TisdaleCynthia Tisdale was a substitute teacher at Santa Fe High School, her family told CNN. Her niece, Leia Olinde, said the family was notified of her death Friday night.Tisdale's brother-in-law, John Tisdale, said in a Facebook post Friday night that she was a member of the Anchor Bible Baptist Church in Pharr, Texas.John Tisdale also said in his post that his sister-in-law's husband, William Recie Tisdale, is "in bad health with a terminal lung disease." The couple has four children.Cynthia Tisdale's son, Recie Tisdale, told The Washington Post that his mother loved children and teaching."She started substitute teaching because she loved to help children," he told the newspaper. "She didn't have to do it. She did it because she loved it."Recie Tisdale is a police detective in League City, which is 10 miles away from Santa Fe, where the shooting took place.Sabika SheikhThe Embassy of Pakistan in Washington confirmed on Facebook that Sabika Sheikh, an exchange student, was killed in Friday's shooting."Ms. Sheikh was in Texas as part of the Youth Exchange & Study (YES) Programme," the embassy said in a statement to CNN. "Our thoughts and prayers are with Sabika's family and friends. Ambassador Aizaz Chaudhry spoke to the father of Sabika Sheikh expressing heartfelt condolences over the tragic death of his daughter."Abdul Aziz, Sabika's father, told AFP in Pakistan that he learned of his 17-year-old daughter's death on CNN."We are still in a state of denial," he said. "It is like a nightmare. ...There is a general impression that the life is safe and secure in America. But this is not the case."US Secretary of State Mike Pompeo said Sabika was "helping to build ties" between the US and her native country and offered his condolences to her family and friends."Sabika's death and that of the other victims is heartbreaking and will be mourned deeply both here in the United States, and in Pakistan," Pompeo said in a statement.US Ambassador to Pakistan David Hale tweeted a statement on Sheikh's death."This morning, I called the family of Sabika Sheikh and offered my deepest condolences. As an exchange student, Sabika was a youth ambassador, a bridge between our people and cultures. All of us at the U.S. Mission in Pakistan are devastated by and mourn her loss. We will honor her memory."The-CNN-Wire 2760

This is Andre K. Sterling, who was wanted for the Nov. 20 ‘traffic stop’ shooting in #CapeCod of ?@MassStatePolice? trooper John Lennon. Lennon survived. 3 US Marshals in NY were wounded executing search warrant for Sterling, who was killed in shootout pic.twitter.com/8QZYC3BoWM— Mary Murphy (@MurphyPIX) December 4, 2020 331

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